Lions Gate, DeVry Fall in After-Hours Trading

By Avi Salzman

Lions Gate Entertainment (LGF) fell 3% after hours after the company posted a second-quarter loss, as marketing costs jumped $90 million from a year ago. But the release of Hunger Games boosted revenue 81% year over year.

DeVry (DV) initially rose after releasing better than expected earnings results, but shares were more recently down about 1.1%. New enrollments fell 17%. Last month, DeVry had warned that its profits would come in below expectations, prompting analysts to reduce their estimates.

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